Eternal, the parent company of Zomato, reported a 268% year-on-year increase in consolidated profit to ₹92 crore for Q1FY27, according to livemint.com. The April-June quarter profit rose from ₹25 crore in the same period last year, despite a 47.1% decline quarter-on-quarter from ₹174 crore in Q4FY26. Consolidated revenue from operations surged 182% YoY to ₹20,211 crore.
The company’s revenue growth was driven by a significant shift in its business operations, contributing to a 16.88% quarter-on-quarter increase in revenue. Eternal’s Q1FY27 results, released on 22 July, reflect its strategic adjustments and market expansion efforts. The sharp rise in profit compared to the previous year highlights the company’s improved operational efficiency and market traction, as detailed by livemint.com.
This performance positions Eternal strongly within the competitive food delivery and online services sector, where rapid growth and profitability are critical. The 182% revenue jump contrasts with many peers struggling to balance growth and profit. Eternal’s results underscore the potential for consolidation and scaling in the sector, which has seen several large funding rounds and strategic partnerships in recent quarters.
Eternal’s next financial update will provide further clarity on whether the company can sustain its profitability momentum amid evolving market conditions. The Q1FY27 results mark a key milestone with ₹20,211 crore in revenue, setting a benchmark for future performance as reported by livemint.com.